merged mining [English]

InterPARES Definition

No definition in earlier IP projects. ITrust definition not yet developed.

Other Definitions

  • Cryptocompare 2016 (†839 para.1): Merged mining is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously. This allows low hash powered crypto currencies to increase the hashing power behind their network by bootstrapping onto more popular crypto currencies. Two of the best examples of this are scrypt mining of both litecoin and dogecoin, as well as namecoin and bitcoin with sha-256.
  • Scaling Bitcoin [2017] (†845 s.v. "Merged mining'): The act of using work done on one blockchain on more than one chain, using Auxiliary POW.